Hello Steemers!
Some hardcore pumps and volume ;) Really nice to see some positive moves on the charts after such long downtrend!
POLONIEX
4 hour Poloniex chart - Aug 29, 2016
4 hour Poloniex chart - Aug 30, 2016
The price made a wild bounce breaking through the first resistance line like through butter.
It spiked through the 2nd resistance line and came all the way up to ~0.002 BTC.
After the sudden increase it started to come back down slowly making its way towards the first support line (the new swing low that i marked).
BITTREX
4 hour Bittrex chart - Aug 29, 2016
4 hour Bittrex chart - Aug 30, 2016
The Bittrex price also had some wild pushes, spiking back through the first fib line, but getting kicked back down after.
Now it seems to be trying to make a new support level around the ~0.00158 BTC line.
VOLUME COMPARISON
STEEM/BTC volume Bittrex Aug 29, 2016
STEEM/BTC volume Bittrex Aug 30, 2016
STEEM/BTC volume Poloniex Aug 29, 2016
STEEM/BTC volume Poloniex Aug 30, 2016
STEEM indexed global volume Aug 29, 2016
STEEM indexed global volume Aug 30, 2016
Coinmarketcap top volume cryptos Aug 29, 2016
Coinmarketcap top volume cryptos Aug 30, 2016
The Poloniex volume doubled while the Bittrex one only had 20 btc added to its volume, Polo showed why coins wanna get listed on there!
Although the overall volume doubled, STEEM didn't move many places up on the list compared to other cryptos, seems alts being in pump mode :)
COMMENT
Once again, I will post the comment by commenting as it involves my personal opinion!
Thank you for understanding!
If anyone has any questions or need's help fell free to ask, I will try to explain as fast and as best as I can.
Critics, comments, reply's, counters, advice's, etc. are always welcome!
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DISCLAIMER
I am showing multiple scenarios on the price movement, in the post itself I do not take any stance, either bullish or bearish. I am not responsible for neither you’re winning nor you're losses upon trading! the "comment" section is my personal opinion and does not mean I have to or do hold any positions in the given market.
Kind Regards, OZ :)